Understanding Today's Manufactured Housing

Over the past decade, the rate of growth of the manufactured housing industry has been dramatic. According to the U.S. Census Bureau, by 1998 manufactured homes accounted for nearly a quarter of all new single-family housing starts. Affordability is a key factor in the growth of manufactured housing and one of the main reasons increasing numbers of consumers are choosing a manufactured home. At an average cost of $43,800 as of 1998, it is clear that a manufactured home is much more affordable than a site-built home at an average cost of $136,425 (excluding land price). In addition to its affordability, today's manufactured home also offers the quality, value and technologically-advanced features that homebuyers desire. Homebuyers can choose from features such as vaulted ceilings, walk-in closets, fireplaces, state-of-the-art appliances and spas. Spacious floor plans, customization packages, two-story models and exterior designs compatible with almost any neighborhood are attracting consumers, as well as builder-developers who are using manufactured housing in their subdivisions in increasing numbers.

Manufactured homes are built in a factory-controlled environment and are required to meet the strict HUD Code, which was established by the federal government to regulate the design, construction and safety of these homes. The HUD Code sets standards for heating, plumbing, air conditioning, thermal and electrical systems, structural design, construction, transportation, energy efficiency and fire safety.

For all of these reasons, the many benefits of today's manufactured homes are being recognized by consumers, builder-developers, and public officials alike. More people realize that manufactured housing can provide them with the best housing value and quality.

With continued advances in technology and public acceptance, manufactured housing is positioned to be a major provider of quality housing in the 21st century.

Click here to view cost comparison table: New Manufactured Homes vs. New Site-Built Homes

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